Compute the? bonds yield to maturity

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?Fingen's 16?-year, ?$1,000 par value bonds pay 8 percent interest annually. The market price of the bonds is ?$1,080 and the? market's required yield to maturity on a? comparable-risk bond is 9 percent.

Problem 1: Compute the? bond's yield to maturity.

Problem 2: Determine the value of the bond to? you, given your required rate of return.

Reference no: EM132813134

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